IC Shipbrokers herewith welcomes you to today’s freight market report. We are giving you an insight in today’s freight market and an update with the latest freight market indications.
The market was today with the same activity levels in the entire drybulk market as on Friday. The capes had a little positive tendency today, the panamax size remained with little negative tendency today, with the supramax continue the stable activity tendency, and the handysize were today with slight negative tendency.
The capesizes had today minor improved activity and it resulted also then in minor improving rates in almost all areas and directions. For the panamax size the activity was again little under pressure and the market reacted with minor falling rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market had little general slower activity levels. The supramax tonnage had more or less stable rate levels in most areas and directions. For the handysize vessels the market was with slower activity, and resulted in minor falling rates in all areas and directions, but most in Far East region.
The European coaster market was today with continued slow activity levels. In the Baltic Sea area or on the Continent the freight rates were again stable. The freight rates in the Black Sea area were stable today and the Mediterranean had further minor falling rate levels today.
The tanker market was today with little more balanced level of activity. The crude oil tankers were with little slower activity resulting in minor falling rates in most areas and directions. The product tanker market was today with fair activity and it resulted in unchanged and stable rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
